Property Address: 1185 S Tremaine Ave, Los Angeles, CA, 90019
Average square foot calculated using Size range provided by listing agent.
Description
Stunning fully remodeled triplex located in the highly desirable Hancock Park neighborhood, set on an expansive 8, 389 square foot corner lot. Zoning is R2 per assessor.The front two bedroom one bath unit and the rear one bedroom unit have been completely remodeled throughout, including brand new appliances, recessed lighting, upgraded electrical systems, new water heaters, new water and sewer lines, new split air conditioning systems, and newly designed landscaping with an automatic sprinkler system.The two vacant remodeled units offer exceptional flexibility for both owner users and investors. They were delivered vacant through cash for keys agreements and therefore have no rental restrictions. The future owner may rent these units at market rate. Once new leases are established, rent control will apply and future annual increases will be limited in accordance with local rent control regulations.The middle unit is currently occupied by a long term tenant paying $1, 318.40 per month, providing immediate income. Showing of the occupied unit will be subject to an accepted offer.All units are charming standalone cottages, each with its own private outdoor space. The front vacant two bedroom unit features a beautifully landscaped front yard, a generous balcony overlooking the yard, and a spacious side yard with direct access to the garage. The middle occupied unit enjoys a large backyard with mature citrus trees and inviting landscaping. The rear remodeled vacant unit offers abundant natural light and a large private backyard with a deck, creating an ideal indoor-outdoor living experience. Additional highlights include a free-standing three-car garage, highly desirable off-street parking, individual laundry rooms, and separate gas and electric meters for each unit. With strong rental demand in the area, this property presents a rare opportunity for owner-occupancy, immediate income, and long-term value appreciation or future development potential. Soil and survey reports from 2022 are available upon request. Buyer to conduct their own due diligence regarding permits, zoning, and public records. Photos shown are of the remodeled vacant units only.
MLS® Number26840829
Laundry LevelEnsuite
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1923
Basement
DrivewayDoor Multi, Driveway, Garage
Garage Spaces
HeatFireplaces
A/C
Extras
Rooms
Change to metres
Other:Not available
Kitchen:Not available
Price History
-End DateNot Sold YetSold Price
For Sale
May 31, 2026List Date$1,670,000List Price
-End DateNot Sold YetSold Price
For Sale
Apr 28, 2026List Date$1,799,000List Price
-End DateNot Sold YetSold Price
For Rent
Jun 15, 2026List Date$4,000List Price
Home Appraisal
This property is estimated to sell between: $1,670,000 and $2,168,000.Similar properties in this area sold on average for: $2,001,750Expected to sell in 34 days. Similar properties sold in 48 days. This home has been on eXp Realty for 14 days.
The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.